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Determine which website has more user engagement per a single dollar expense according to the two definitions. Did you get the same result for both definitions?

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Final answer:

To assess which website has more user engagement per dollar, one must analyze empirical engagement and expenditure data, considering both economic and behavioral economics perspectives.

Step-by-step explanation:

To determine which website has more user engagement per single dollar expense according to the two provided definitions, you would need specific metrics on user engagement and expenditure for each website. Without empirical data, we can't provide a quantitative answer. However, based on the information provided, there are two noteworthy points:

  • Behavioral economists argue that people value money differently based on context, suggesting that user engagement might be measured not just by raw numbers but also by perceived value.
  • If considering purely economic measures, we would need to calculate the return on investment (ROI) by analyzing the engagement per dollar spent.

As two definitions of user engagement could be considered—the raw data and the behavioral economics perspective—one would have to analyze both to make a comprehensive determination. For user engagement metrics, parameters like mean and standard deviation for the sample mean number of app engagement minutes would be relevant to the analysis.

User Sumit Gera
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